Economy and commerce
ASEAN talks South China Sea in Siem Reap
Chinese and ASEAN representatives are meeting in Siem Reap to begin hammering out a code of conduct for the highly contested South China Sea. Ministry of Foreign Affairs spokesman Chum Sounry said Cambodia was hosting the director-general-level meeting on March 29-30. China has openly dismissed ...
Oil firm ready to ink production-sharing agreement
Executives at Singapore-listed energy firm KrisEnergy Ltd say they have settled terms with the Cambodian government and are ready to sign a long-awaited production-sharing agreement that would pave the way for the first-ever extraction of petroleum from Cambodian territorial waters. Kelvin Tang, KrisEnergy’s chief operating ...
Swedish aid agency offers funds for SMEs
Sweden’s development agency will provide $7 million to foster the development of small- and medium-size enterprises (SMEs) in Cambodia, according to state-run news agency AKP. Keep reading ...
PPP Committee wants 6 more transport projects fast-tracked
The Public Private Partnership Policy Committee on March 29 resolved to place six more transportation projects worth Bt600 billion on the fast track for implementation. The Industry Ministry will also set up a working panel as soon as possible to promote investment support and tax incentives ...
NLA members face tough choices in bid to reform energy sector
The National Legislative Assembly is set for a showdown over a contentious bill to reform the energy sector with the establishment of a new national oil company. The bill will be debated in the second and final readings today, while the vote is likely to be ...
MPC ups GDP growth forecast, keeps policy rate
The Bank of Thailand’s Monetary Policy Committee revised up its forecast for this year’s economic growth to 3.4 per cent based on a further recovery of merchandise exports, while leaving the benchmark interest rate unchanged at 1.50 per cent at its meeting on March 29. Jaturong ...
ASEAN, Russia assess progress of cooperation
The Ministry of Foreign Affairs yesterday hosted the 14th ASEAN-Russia Senior Officials’ Meeting in Vientiane to review the progress made in the countries’ cooperation. The meeting was co-chaired by Deputy Minister of Foreign Affairs, Mr Thongphane Savanphet, who is also Laos’ ASEAN SOM Leader, and ...
New tourist attraction to boost economy in Khong district
Authorities in Khong district, Champassak province, are confident that a new tourist attraction will help to draw more visitors and generate income for public and private investors. Now a riverside beach in the district’s Don Than village is becoming the latest tourist destination in the ...
Changes needed to ensure sustainable agriculture
The slow growth of the agricultural sector starting in 2015, shortcomings of small-scale production, poor quality and productivity amid fiercer global competition are threatening the sustainability of farming in Việt Nam and demanding institutional and mechanism changes. These concerns were shared among participants of the ...
Automakers hopeful of boost as motor show kicks off today
The 38th running of the annual Bangkok International Motor Show kicks off today at Impact Muang Thong Thani with automakers crossing their fingers for the market to continue growing after finishing last year with a slight shrinkage. Altogether 768,788 vehicles were sold in the domestic ...
